fstuff1 Posted March 4, 2020 #1 Share Posted March 4, 2020 (edited) Mexican casinos offer abysmal exchange rates. Something like $1 US to 17 pesos. The regular exchange rate is $1 to 19 pesos. That's equivalent to a 10% fee! So how best to get that $1 to 19 peso rate? Edited March 4, 2020 by fstuff1 Link to comment Share on other sites More sharing options...
crewsweeper Posted March 5, 2020 #2 Share Posted March 5, 2020 No cambio is going to exchange 1:19. Current rate on conversion calculators is a mid market rate, you won't get that any where. Even PayPal and Voom take a peso transaction fee. You might get 1:18, if lucky. Ships are reasonable in exchange, still a small fee. Your hometown bank might exchange before you leave, but again a fee. Link to comment Share on other sites More sharing options...
fstuff1 Posted March 5, 2020 Author #3 Share Posted March 5, 2020 47 minutes ago, crewsweeper said: No cambio is going to exchange 1:19. Current rate on conversion calculators is a mid market rate, you won't get that any where. Even PayPal and Voom take a peso transaction fee. You might get 1:18, if lucky. Ships are reasonable in exchange, still a small fee. Your hometown bank might exchange before you leave, but again a fee. what cruise line exchanges foreign currency? Link to comment Share on other sites More sharing options...
crewsweeper Posted March 5, 2020 #4 Share Posted March 5, 2020 My understanding is that guest services on any cruise line will exchange dollars for local currency if available and requested. Not sure of limits. Never had to do this. No real need in Cozumel to exchange for pesos anyway. I realize that on a large transaction of say $1000+ the" fees" can appear hefty. But that's the nature of the beast. Link to comment Share on other sites More sharing options...
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